We recently published 10 Market Winners With Stunning Gains. Global Payments Inc. (NYSE:GPN) was one of the best performers on Wednesday.
Global Payments rallied for a second day on Wednesday, jumping 16.46 percent to close at $81.25 apiece following news that it would kick off two initiatives aimed at boosting company and shareholder value through dividends and billion-dollars worth of share repurchase program.
In an updated report, Global Payments Inc. (NYSE:GPN) said that its board of directors has approved the distribution of $0.25 worth of dividends for every share owned by its common shareholders as of March 9 record. The dividends are payable on March 30, 2026.
The initiative is on top of a $2.5 billion share repurchase program, of which $550 million would be immediately repurchased by the company.
Global Payments Inc. (NYSE:GPN) said that it expects to return more than $2 billion to shareholders through the twin initiatives.
In other news on the same day, Global Payments Inc. (NYSE:GPN) reported a dismal earnings performance for both the full year and fourth quarter of 2025.
Attributable net income for the full-year period fell by 10.8 percent to $1.4 billion from $1.57 billion, while revenues finished flat at $7.7 billion.
In the fourth quarter alone, attributable net profit declined by 61.6 percent to $217.5 million from $567 million in the same period a year earlier, while revenues also closed flat at $1.9 billion.
For 2026, the company is targeting to grow its adjusted earnings per share by 13 to 15 percent to a range of $13.80 to $14.
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Disclosure: None. This article is originally published at Insider Monkey.